Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 16.3% Yield

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Go back to Orchid Island Capital (ORC) Declares $0.14 Monthly Dividend; 16.3% Yield

Orchid Island Capital Announces October 2017 Monthly Dividend and September 30, 2017 RMBS Portfolio Characteristics

October 11, 2017 5:15 PM EDT

October 2017 Monthly Dividend of $0.14 Per ShareEstimated Book Value Per Share at September 30, 2017 of $9.15Estimated GAAP net income of $0.33 per share, including an estimated $(0.18) per share of realized and unrealized losses on RMBS and derivative instrumentsEstimated 3.7% total return on equity for the quarter, or 14.7% annualizedRMBS Portfolio Characteristics as of September 30, 2017

VERO BEACH, Fla., Oct. 11, 2017 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the Company) (NYSE: ORC) announced today that the Board of Directors declared a monthly cash dividend for the month of October 2017. The dividend of $0.14 per... More